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Latitude Low Rate Personal Loan (unsecured)

The Unsecured Low Rate Personal Loan from Latitude can be used to purchase pretty much anything you please from a new car, a holiday, a wedding or even a new kitchen. This loan comes with a fixed interest rate, repayment flexibility, and the ability to make additional repayments.

Features of the Latitude Low Rate Personal Loan

  • Fixed Rate - The unsecured loan offers a fixed interest rate of 10.99% p.a.
  • Comparison Rate* - 12.21% p.a.
  • Loan amount - Borrow a minimum of $20,000.
  • Loan term - The loan terms range from 2 to 7 years
  • Repayment flexibility - You can make weekly, fortnightly or monthly repayments and can pay through direct debit, Australia Post or BPAY.
  • Online application - You can apply for this loan online and the application process is quick and easy. 
  • Additional repayments - You can make additional payments at any time to reduce your loan term and avoid paying extra interest costs.
  • Application fee - One off upfront fee of $250
  • Early Repayment Fee - If you choose to repay your loan off in the final 6 months of the term no fee will be applied, early repayment at all other times during the term will attract a fee of up to $150.

*Comparison rates for this product are based on a loan of $30,000 over 5 years

WARNING: The comparison rates are true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Standard Rates
Min. Current Rate 10.99% p.a.
Comparison Rate 12.21% p.a.
Loan Details
Provider Latitude Financial Services
Product Details A secured personal loan with a fixed rate. Applicants must be a home owner or mortgage holder, have excellent credit rating and be a new Latitude personal loan customer
Min. Loan Term 2 years
Max. Loan Term 7 years
Min. Loan Amount $20,000
Max. Loan Amount -
Available as a Car Loan Yes
Car Type -
Fees and Terms
Application Fee $250
Monthly Service Fee $13
Early Repayment Penalty $150
Missed Repayment Penalty $35
Document Release Fee -
Repayment Options Weekly, Fortnightly, Monthly
Extra Payments Allowed Yes
Redraw Allowed No
Security No

What happens when I click "Go to site"?

  • 1

    Clicking Go to site will direct you to the providers web site

  • 2

    Complete the online application on the providers web site

  • 3

    Once approved the provider will issue your new product, delivery times will vary by provider.